Not Written for You: The Income Tax Hidden in Plain Sight
Part 11 of 13 The State That Isn’t Your State When an American reads the word “State” in a federal statute, the assumption is immediate:…
Not Written for You: The Income Tax Hidden in Plain Sight
Part 10 of 13 Follow the Form Ask an IRS employee which return a person with income tax liability is expected to file. Without a…
Not Written for You: The Income Tax Hidden in Plain Sight
Part 9 of 13 No Chapter for You The Internal Revenue Code organizes its withholding provisions into chapters. Each chapter addresses a specific collection mechanism…
Not Written for You: The Income Tax Hidden in Plain Sight
Part 7 of 13 The Privilege Tax In Part 6, we established that the Constitution permits only two classes of tax: direct taxes, which must…
While the World Sells Bonds, Bitcoin Rises Through It
The world is finding out, all at once, what a government’s promise is actually worth. The U.S. 10-year is sitting near 5.3%, a yield this…
Not Written for You: The Income Tax Hidden in Plain Sight
Part 5 of 13 The Command Nobody Read There are more than two hundred federal taxes. There is exactly one statute that commands payroll withholding.…
Not Written for You: The Income Tax Hidden in Plain Sight
Part 4 of 13 Trade or Business: Official Use Only In many states, government vehicles carry a sticker that reads “For official use only.” That…
Not Written for You: The Income Tax Hidden in Plain Sight
Part 3 of 13 What Are You Signing? You have signed a W-4. You have probably signed a W-9. You signed both without reading the…